Funding arb · Price arb /

AXTI

RWAall AXTI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: Aster against Lighter−0.089%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.089% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AXTI	80.900	0.0032	pay 0.0004% / 1h	45m 20s	—	—	10x
Short	Aster AXTIUSDT	80.828	0	get 0.0000% / 8h	45m 20s	$8K	$124K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee AsterbpOrdersPrice spread, now −0.089%Rate

Funding earned: −$6.72
Price spread: −0.089% → 0.000%: −$8.94
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.66
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; Aster: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell Aster live order book, 31 min ago	42.36 bp	62.1 bp −$62	doesn't fit	doesn't fit	doesn't fit

Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AXTI on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AXTIUSDTshort	0.0000%	8h	80.828	−0.089%	$8K	$124K	20x
Extended AXTI-USD	0.0000%	1h	80.935	+0.044%	$7K	$202K	10x	as long as short
Binance AXTIUSDT	0.0000%	8h	80.970	+0.087%	$9.1M	$33.2M	20x	as long as short
Bybit AXTIUSDT	0.0000%	8h	80.970	+0.087%	$1.9M	$1.3M	25x	as long as short
OKX AXTI-USDT-SWAP	0.0000%	8h	80.940	+0.049%	$2.7M	$10.4M	20x	as long as short
Gate AXTI_USDT	0.0000%	8h	80.860	−0.049%	$2.3M	$5.3M	50x	as long as short
Bitget AXTIUSDT	0.0000%	8h	80.970	+0.087%	$1.7M	$3.4M	20x	as long as short
GRVT AXTI_USDT_Perp	0.0000%	8h	80.890	−0.013%	$81	$186K	10x	as long as short
SunX AXTI-USDT	0.0000%	8h	80.990	+0.111%	$961	$1.1M	10x	as long as short
HTX AXTI-USDT	0.0000%	8h	80.970	+0.087%	$19K	$36K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AXTIlong	+0.0032%	1h	80.900	long leg	—	—	10x
QFEX AXTI-USD	+0.0048%	1h	80.980	+0.099%	$1.1M	$2.9M	10x	as long as short
KuCoin AXTIUSDTM	+0.0100%	8h	80.890	−0.012%	$638K	$354K	20x	as long as short
Aevo AXTI-PERP	+0.0104%	1h	80.942	+0.052%	—	—	10x	as long as short